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Romania SAF-T pilot 2020

  • Romania
  • Sep 2, 2019 | Richard Asquith

Romania is proceeding with plans for a pilot of Standard Audit File for Tax (SAF-T) for large taxpayers in January 2020. This would enable a full adoption by the end of 2020 for most businesses.

SAF-T was developed by the OECD in 2005 as a standard schema for the exchange of tax data between tax authorities and businesses around the world. It is already in place in nine European countries on a mostly on-demand basis. Poland is the only country to date that has made it a monthly filing requirement.

Hungary is also planning to introduce SAF-T in 2021.

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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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